Simple RSI is working(again), just need one or two more days. To confirm : 1. look at increased red candle Volume(4H 2 or 3 more you'll see). 2.The downward trend line is clearly broken. 3. After breaking three resistance levels, Retesting the POC,PA , demand area or whatever you call it. Now it is a matter of time and "pattern". Note Note: If it breaks...
Simple RSI is working(again), just need one or two more days. To confirm : 1. look at increased red candle Volume(4H 2 or 3 more you'll see). 2.The downward trend line is clearly broken. 3. After breaking three resistance levels, Retesting the POC,PA , demand area or whatever you call it. Now it is a matter of time and "pattern" . Note Note: If it...
Simple RSI is working(again). Divergence in Volume and price. in next 1H ,the 4H candle close and we have RSI confirmation. In the higher time, a simple three-wave can be seen. Retesting the "1.7" level is good, but not certain. Good Luck
Triangle pattern. RSI fake break(in 4H). divergence in volume candlestick. it's enough for little position.
People don't like Rsi because it's too simple. i like it because, it is simple
We are clearly still in a downtrend Every attempt to cross the 1.75 level was unsuccessful(double top in 4H) In the lower time frame, the Cup & Handle pattern is visible (low winrate) Divergence in candles and volumes (also some other indicators like RSI and Acc). if you need more confrmation, wait for cup&handle break Good Luck
If it fails to break above 375 before Friday, we will have a bloody weekend. Also don't be too hopeful after that. Good Luck